GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Cia Transmissao Energia Eletrica Paulista (OTCPK:CTPZF) » Definitions » Cyclically Adjusted Price-to-FCF

Cia Transmissao Energia Eletrica Paulista (Cia Transmissao Energia Eletrica Paulista) Cyclically Adjusted Price-to-FCF : (As of Jun. 07, 2024)


View and export this data going back to . Start your Free Trial

What is Cia Transmissao Energia Eletrica Paulista Cyclically Adjusted Price-to-FCF?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted Price-to-FCF for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cia Transmissao Energia Eletrica Paulista Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Cia Transmissao Energia Eletrica Paulista's Cyclically Adjusted Price-to-FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Cia Transmissao Energia Eletrica Paulista Cyclically Adjusted Price-to-FCF Chart

Cia Transmissao Energia Eletrica Paulista Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.47 19.17 16.64 16.09 25.34

Cia Transmissao Energia Eletrica Paulista Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Price-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 19.80 22.45 21.74 25.34 23.41

Competitive Comparison of Cia Transmissao Energia Eletrica Paulista's Cyclically Adjusted Price-to-FCF

For the Utilities - Independent Power Producers subindustry, Cia Transmissao Energia Eletrica Paulista's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Cia Transmissao Energia Eletrica Paulista's Cyclically Adjusted Price-to-FCF Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Cia Transmissao Energia Eletrica Paulista's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Cia Transmissao Energia Eletrica Paulista's Cyclically Adjusted Price-to-FCF falls into.



Cia Transmissao Energia Eletrica Paulista Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Cia Transmissao Energia Eletrica Paulista's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Cia Transmissao Energia Eletrica Paulista's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.226/159.3724*159.3724
=0.226

Current CPI (Mar. 2024) = 159.3724.

Cia Transmissao Energia Eletrica Paulista Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.371 91.838 0.644
201409 0.639 92.602 1.100
201412 -0.088 94.194 -0.149
201503 -0.046 97.799 -0.075
201506 0.484 100.006 0.771
201509 0.368 101.392 0.578
201512 0.136 104.247 0.208
201603 0.075 106.979 0.112
201606 0.253 108.851 0.370
201609 0.113 109.986 0.164
201612 0.119 110.802 0.171
201703 -0.107 111.869 -0.152
201706 0.052 112.115 0.074
201709 0.350 112.777 0.495
201712 0.467 114.068 0.652
201803 0.368 114.868 0.511
201806 0.644 117.038 0.877
201809 0.593 117.881 0.802
201812 0.520 118.340 0.700
201903 0.627 120.124 0.832
201906 0.457 120.977 0.602
201909 0.477 121.292 0.627
201912 0.443 123.436 0.572
202003 0.424 124.092 0.545
202006 0.462 123.557 0.596
202009 0.300 125.095 0.382
202012 0.459 129.012 0.567
202103 0.238 131.660 0.288
202106 0.564 133.871 0.671
202109 0.364 137.913 0.421
202112 -0.131 141.992 -0.147
202203 0.091 146.537 0.099
202206 0.055 149.784 0.059
202209 0.298 147.800 0.321
202212 0.231 150.207 0.245
202303 0.109 153.352 0.113
202306 0.456 154.519 0.470
202309 0.251 155.464 0.257
202312 -0.133 157.148 -0.135
202403 0.226 159.372 0.226

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Cia Transmissao Energia Eletrica Paulista  (OTCPK:CTPZF) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Cia Transmissao Energia Eletrica Paulista Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Cia Transmissao Energia Eletrica Paulista's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Cia Transmissao Energia Eletrica Paulista (Cia Transmissao Energia Eletrica Paulista) Business Description

Traded in Other Exchanges
Address
Rua Casa Do Ator 1155, Sao Paulo, SP, BRA, 4546004
Cia de Transmissao de Energia Eletrica Paulista, or CTEEP, is a Brazilian private-public utility concession company involved in the transmission of electric power. Through its subsidiaries, CTEEP plans, constructs, operates, and maintains electric transmission systems and transmission-related infrastructure projects throughout the country of Brazil. The company segments its operations between Infrastructure, Operation & Maintenance, and Concession Assets Remuneration business units. The vast majority of CTEEP's revenue can be derived from its Operation & Maintenance division, which controls and cares for its nationwide electricity transmission system. The company transmits a significant amount of all the power produced in Brazil and over half of the energy consumed in Southeast Brazil.

Cia Transmissao Energia Eletrica Paulista (Cia Transmissao Energia Eletrica Paulista) Headlines

From GuruFocus